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An announcement from Taranis Resources ( (TSE:TRO) ) is now available.
Taranis Resources has outlined new geological interpretation from its 2024–2025 deep drilling at the Thor Property, identifying lamprophyre intrusive rocks and associated alteration as the source of key magnetic and magnetotelluric anomalies beneath the existing deposit. The company reports that these mantle-derived lamprophyre dykes have effectively split the Thor epithermal system in two, with the historically defined upper portion to the west and the recently discovered Borr Zone to the east at depth, indicating the epithermal deposit remains open and intact and significantly expanding the growth potential of the project. Extensive metasomatic alteration and large conductivity “Tusks” linked to the lamprophyres demonstrate a far-reaching thermal footprint and reinforce geological similarities to major calc-alkaline epithermal deposits such as Cripple Creek and Golden Sunlight, suggesting the district may host much larger, world-class mineral systems and underlining how integrated modern exploration methods can revitalize old mining districts.
More about Taranis Resources
Taranis Resources Inc. is a mineral exploration company focused on advancing its Thor Property in the historic Silver Cup Mining District of southeast British Columbia. The company targets calc-alkaline epithermal-style precious and base metal deposits and is using modern exploration techniques, including deep drilling and geophysics, to reinterpret and expand known mineralization in this mature mining camp.
Average Trading Volume: 12,037
Technical Sentiment Signal: Hold
Current Market Cap: C$21M
For detailed information about TRO stock, go to TipRanks’ Stock Analysis page.